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Tag: Supriya Shrinate

  • BJP’s assault on Rahul’s Cambridge remarks stem from both ‘ignorance’ or ‘contrived politics’: Cong 

    By PTI

    NEW DELHI: The Congress on Saturday hit again on the BJP for criticising Rahul Gandhi’s remarks at Cambridge University, saying the ruling occasion’s statements both stem from ignorance or from “completely contrived politics” each of which don’t have any place in a democracy.

    Gandhi’s remarks on the college that Indian democracy is below assault and several other politicians, together with himself, are below surveillance, has triggered a political slugfest with the BJP accusing him of maligning India on overseas soil and the Congress hit again by citing cases of Prime Minister Narendra Modi raking up inner politics overseas.

    Addressing a press convention on the AICC headquarters right here, Congress spokesperson Supriya Shrinate stated Gandhi is a number one member of India’s politics and as a member of a celebration that was in energy earlier in addition to a number one member of the Opposition, he has persistently stood for and espoused the causes of the widespread man.

    Gandhi is a four-time elected MP and when he speaks in Cambridge a couple of world that’s fraught with tensions and what an vital position India can play in that world, he’s truly lauding Indian democracy, Shrinate argued.

    “He is being the flag-bearer of the values our nation is built on. When he talks about Mahatma Gandhi and the values of our Constitution and the foundation of our country he is actually bringing India a lot of pride. I don’t understand where it stems from but the BJP’s opposition (to his remarks) is either ignorance or completely contrived politics both of which have no place in a democracy,” she stated.

    Shrinate stated the BJP attacking Gandhi on two grounds that he spoke on overseas soil and about Pegasus is “hollow” as a result of Prime Minister Modi has gone forward and spoken “much worse, washed dirty lenin in public, and made baseless allegations against India’s political system, political Opposition when he was travelling overseas to the extent that while in Shanghai, he had said that people in this country curse as why were they born in India”.

    Defending Gandhi’s remarks alleging that he and different Opposition leaders have been placed on surveillance, Shrinate stated the Pegasus fact-finding committee informed the court docket in no unsure phrases that the federal government of the day didn’t cooperate with that committee.

    She alleged {that a} part of the media as a part of a “coordinated action” “mischievously” quoted him on Pulwama and China.

    ALSO READ | Just as a result of you aren’t brilliant doesn’t imply India not a ‘brilliant spot’: BJP to Rahul

    Shrinate questioned how anybody can say that Gandhi didn’t “call it (Pulwama) a terror attack”.

    “He said showing a picture, ‘This is me putting flowers on the spot where almost 40 soldiers were killed by a car bomb’,” she stated.

    When Pulwama occurred Prime Minister Modi saved taking pictures for ‘Man versus Wild’, Shrinate alleged.

    The Congress chief additionally attacked the Modi authorities for what she stated was its “love affair” with China, alleging that the prime minister gave a clear chit to China undermining India’s place on the border subject.

    In his lecture, Gandhi had alleged that Indian democracy is below assault and several other politicians, together with himself, are below surveillance.

    The former Congress president listed 5 key features of the alleged assault on Indian democracy — seize and management of media and judiciary; surveillance and intimidation; coercion by federal regulation enforcement companies; assaults on minorities, Dalits and tribals; and shutting down of dissent.

    ALSO READ | Centre snooping on me, claims Rahul in UK; BJP calls declare ‘hallucination’

    Shrinate’s remarks got here after the BJP sharpened its assault on Gandhi on Saturday, accusing the Congress chief of talking towards India in another country and making such allegations concerning the situations within the nation which even Pakistan doesn’t dare to do.

    While the entire world is utilizing good phrases to explain India, its foremost opposition chief is claiming on overseas soil that the nation has been destroyed and democracy is not there whereas the judiciary and the media are in a nasty form, BJP spokesperson Sambit Patra informed reporters.

    NEW DELHI: The Congress on Saturday hit again on the BJP for criticising Rahul Gandhi’s remarks at Cambridge University, saying the ruling occasion’s statements both stem from ignorance or from “completely contrived politics” each of which don’t have any place in a democracy.

    Gandhi’s remarks on the college that Indian democracy is below assault and several other politicians, together with himself, are below surveillance, has triggered a political slugfest with the BJP accusing him of maligning India on overseas soil and the Congress hit again by citing cases of Prime Minister Narendra Modi raking up inner politics overseas.

    Addressing a press convention on the AICC headquarters right here, Congress spokesperson Supriya Shrinate stated Gandhi is a number one member of India’s politics and as a member of a celebration that was in energy earlier in addition to a number one member of the Opposition, he has persistently stood for and espoused the causes of the widespread man.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );

    Gandhi is a four-time elected MP and when he speaks in Cambridge a couple of world that’s fraught with tensions and what an vital position India can play in that world, he’s truly lauding Indian democracy, Shrinate argued.

    “He is being the flag-bearer of the values our nation is built on. When he talks about Mahatma Gandhi and the values of our Constitution and the foundation of our country he is actually bringing India a lot of pride. I don’t understand where it stems from but the BJP’s opposition (to his remarks) is either ignorance or completely contrived politics both of which have no place in a democracy,” she stated.

    Shrinate stated the BJP attacking Gandhi on two grounds that he spoke on overseas soil and about Pegasus is “hollow” as a result of Prime Minister Modi has gone forward and spoken “much worse, washed dirty lenin in public, and made baseless allegations against India’s political system, political Opposition when he was travelling overseas to the extent that while in Shanghai, he had said that people in this country curse as why were they born in India”.

    Defending Gandhi’s remarks alleging that he and different Opposition leaders have been placed on surveillance, Shrinate stated the Pegasus fact-finding committee informed the court docket in no unsure phrases that the federal government of the day didn’t cooperate with that committee.

    She alleged {that a} part of the media as a part of a “coordinated action” “mischievously” quoted him on Pulwama and China.

    ALSO READ | Just as a result of you aren’t brilliant doesn’t imply India not a ‘brilliant spot’: BJP to Rahul

    Shrinate questioned how anybody can say that Gandhi didn’t “call it (Pulwama) a terror attack”.

    “He said showing a picture, ‘This is me putting flowers on the spot where almost 40 soldiers were killed by a car bomb’,” she stated.

    When Pulwama occurred Prime Minister Modi saved taking pictures for ‘Man versus Wild’, Shrinate alleged.

    The Congress chief additionally attacked the Modi authorities for what she stated was its “love affair” with China, alleging that the prime minister gave a clear chit to China undermining India’s place on the border subject.

    In his lecture, Gandhi had alleged that Indian democracy is below assault and several other politicians, together with himself, are below surveillance.

    The former Congress president listed 5 key features of the alleged assault on Indian democracy — seize and management of media and judiciary; surveillance and intimidation; coercion by federal regulation enforcement companies; assaults on minorities, Dalits and tribals; and shutting down of dissent.

    ALSO READ | Centre snooping on me, claims Rahul in UK; BJP calls declare ‘hallucination’

    Shrinate’s remarks got here after the BJP sharpened its assault on Gandhi on Saturday, accusing the Congress chief of talking towards India in another country and making such allegations concerning the situations within the nation which even Pakistan doesn’t dare to do.

    While the entire world is utilizing good phrases to explain India, its foremost opposition chief is claiming on overseas soil that the nation has been destroyed and democracy is not there whereas the judiciary and the media are in a nasty form, BJP spokesperson Sambit Patra informed reporters.

  • Congress slams centre over rise in NPAs

    By PTI

    NEW DELHI: The Congress on Tuesday alleged that NPAs have risen by 365 per cent below the Modi authorities and questioned why “unbridled powers” had been being given to PSU banks to “sell off assets at throwaway prices.”

    Congress spokesperson Supriya Shrinate mentioned 38 wilful defaulters have fled the nation after swindling banks and requested the federal government about its plans to deliver them again.

    She claimed that the BJP doesn’t contest elections on points or its report card however on the face of the prime minister, and mentioned it should reply questions on the rise in non-performing property (NPAs) and loans being written off.

    “The BJP or the prime minister never contests polls on issues and seeks votes on its report card as they never work. Every election is being contested on the personal background of the prime minister. But, who will answer as to why big haircuts are being given by banks,” she instructed reporters at a press convention.

    The Congress chief mentioned 61 per cent of the fiscal deficit could be funded by this write-off alone. But the federal government won’t ever focus on this as they don’t perceive the economic system, she alleged.

    “The benefit is to be given only to a few select industrialists and nothing else and that is why no answers are coming,” she mentioned.

    She mentioned that within the final 5 years alone, the federal government has written off Rs 10 lakh crore and solely 13 per cent of that quantity has been recovered, asking why are such enormous quantities of debt written off and why is just 13 per cent of that debt recovered.

    Shrinate mentioned the cheerleaders of the federal government will say this isn’t a mortgage waiver however a write-off, contending that that is nearly as good as a mortgage waiver as a result of you’ll be able to get well solely 13 per cent.

    “If the common man fails to pay EMIs, they will be named and shamed and recoveries will be made, but it is astonishing as those who have defaulted in a big way have not been named so far. This money is being given away from the tax-paying money and that money is being used to absolve corporates of their liabilities,” she alleged.

    The Congress spokesperson claimed that the NCLT and IBC have absolved company debtors of their legal responsibility as a result of banks are giving them a clear chit and haircuts of 70 to 90 per cent are being given and property are being transferred at throwaway costs.

    She mentioned 542 instances had been resolved not too long ago via NCLT and IBC and the quantity of debt concerned was Rs 8 lakh crore and solely 2 lakh crore was recovered and one wonders the place the remainder of the cash went.

    “NPAs under the Modi government have gone up by 365 per cent from Rs 5 lakh crore between 2008 to 2014 and risen to over Rs 18 lakh crore from 2014 to 2020,” she alleged.

    “Wilful defaulters have risen substantially and from Rs 23,000 crore to Rs 2.4 lakh crore and one wonders who are these people who are defaulting wilfully and are not being brought to book. Why are write-offs of over 10 lakh Rupees and who are these corporates benefiting from it,” she requested.

    Shrinate additionally questioned why PSU banks are being given unbridled energy to take haircuts and switch property at throwaway costs. “Is it being probed how they are doing this,” she requested.

    “The government is answerable as to why have wilful defaulters gone up by 10 times and is there any plan to bring back 38 swindlers who have left the country after defaulting big amounts with banks. Is there a plan or strategy to bring them back,” she additionally requested.

    NEW DELHI: The Congress on Tuesday alleged that NPAs have risen by 365 per cent below the Modi authorities and questioned why “unbridled powers” had been being given to PSU banks to “sell off assets at throwaway prices.”

    Congress spokesperson Supriya Shrinate mentioned 38 wilful defaulters have fled the nation after swindling banks and requested the federal government about its plans to deliver them again.

    She claimed that the BJP doesn’t contest elections on points or its report card however on the face of the prime minister, and mentioned it should reply questions on the rise in non-performing property (NPAs) and loans being written off.

    “The BJP or the prime minister never contests polls on issues and seeks votes on its report card as they never work. Every election is being contested on the personal background of the prime minister. But, who will answer as to why big haircuts are being given by banks,” she instructed reporters at a press convention.

    The Congress chief mentioned 61 per cent of the fiscal deficit could be funded by this write-off alone. But the federal government won’t ever focus on this as they don’t perceive the economic system, she alleged.

    “The benefit is to be given only to a few select industrialists and nothing else and that is why no answers are coming,” she mentioned.

    She mentioned that within the final 5 years alone, the federal government has written off Rs 10 lakh crore and solely 13 per cent of that quantity has been recovered, asking why are such enormous quantities of debt written off and why is just 13 per cent of that debt recovered.

    Shrinate mentioned the cheerleaders of the federal government will say this isn’t a mortgage waiver however a write-off, contending that that is nearly as good as a mortgage waiver as a result of you’ll be able to get well solely 13 per cent.

    “If the common man fails to pay EMIs, they will be named and shamed and recoveries will be made, but it is astonishing as those who have defaulted in a big way have not been named so far. This money is being given away from the tax-paying money and that money is being used to absolve corporates of their liabilities,” she alleged.

    The Congress spokesperson claimed that the NCLT and IBC have absolved company debtors of their legal responsibility as a result of banks are giving them a clear chit and haircuts of 70 to 90 per cent are being given and property are being transferred at throwaway costs.

    She mentioned 542 instances had been resolved not too long ago via NCLT and IBC and the quantity of debt concerned was Rs 8 lakh crore and solely 2 lakh crore was recovered and one wonders the place the remainder of the cash went.

    “NPAs under the Modi government have gone up by 365 per cent from Rs 5 lakh crore between 2008 to 2014 and risen to over Rs 18 lakh crore from 2014 to 2020,” she alleged.

    “Wilful defaulters have risen substantially and from Rs 23,000 crore to Rs 2.4 lakh crore and one wonders who are these people who are defaulting wilfully and are not being brought to book. Why are write-offs of over 10 lakh Rupees and who are these corporates benefiting from it,” she requested.

    Shrinate additionally questioned why PSU banks are being given unbridled energy to take haircuts and switch property at throwaway costs. “Is it being probed how they are doing this,” she requested.

    “The government is answerable as to why have wilful defaulters gone up by 10 times and is there any plan to bring back 38 swindlers who have left the country after defaulting big amounts with banks. Is there a plan or strategy to bring them back,” she additionally requested.

  • Mamata enjoying ‘hide-and-seek’ by giving clear chit to PM Modi on misuse of businesses: Congress 

    Congress spokesperson Supriya Shrinate requested if Banerjee was giving a clear chit to the prime minister at a time when the complete nation was elevating questions on the difficulty of misuse of businesses.

  • Cong calls for white paper on privatisation of public sector banks from govt 

    By PTI

    NEW DELHI: The Congress on Saturday accused the Centre of getting pressured the RBI to “disown” its analysis report which argued towards a “big bang approach” to privatisation of banks, and demanded that the federal government come out with a white paper on public sector banks’ privatisation.

    Party chief Rahul Gandhi mentioned “tanashah’s (dictator’s) wish is the government’s command” and even impartial establishments just like the RBI, which have been the anchors of India’s financial development, have been pressured to bend earlier than the “supreme leader” and the agenda of his “mitron friends” on occasion.

    “A well-researched article published by the RBI advocated against hurried privatisation of public sector banks and praised their efficiency. It disturbed the ‘tanashah’ very much,” he mentioned.

    “The government sprung into action to restore its supreme leader’s peace of mind. The next day, the RBI issued a clarification that it was not against privatisation of banks,” Gandhi mentioned.

    Public sector banks have acted as shields throughout crises for India, they’ve been the harbingers of development and devices of economic inclusion, he mentioned.

    “Their reckless privatisation will have catastrophic consequences, and so will the diminishing independence of India’s institutions,” Gandhi mentioned.

    The Opposition social gathering hit out on the BJP over the privatisation of public sector banks (PSBs), calling it “Beche Jao Party”, and alleged that the central authorities had modified the Reserve Bank of India (RBI) to “Reverse Bank of India” by forcing it to make a “U-turn” over its personal report.

    The RBI on Friday mentioned a analysis paper favouring gradual privatisation of public sector banks (PSBs) shouldn’t be its view however that of the authors of the report.

    Addressing reporters on the AICC headquarters right here, Congress spokesperson Supriya Shrinate mentioned the press convention was scheduled to debate a vital research by the RBI analysis unit revealed within the August RBI Bulletin that raised issues over the reckless privation of PSBs however as an alternative the social gathering has to first deal with how an establishment just like the RBI has been pressured by the federal government to difficulty a clarification.

    The RBI has “disowned” the analysis paper, emphatically stating that it’s not the central financial institution’s view however that of the writer, she mentioned.

    “Clearly, this isn’t the first time the RBI has been forced to accept the government’s will — remember the disastrous demonetisation,” Shrinate mentioned.

    It’s a pity that the identical RBI which as soon as hailed nationalisation of 14 banks as the only most necessary financial determination taken by any authorities since 1947, is immediately pressured to disown its researchers’ report praising PSBs and their effectivity, the Congress chief mentioned.

    The variety of PSU banks in India has been diminished from 27 to merely 12 now, and the federal government plans to privatise extra, Shrinate alleged.

    The research by the RBI’s analysis unit clearly pink flags the results of financial institution privatisation because it highlights how the cornerstone of presidency insurance policies needs to be public good. So, the usual of effectivity for PSBs cannot be earnings alone, she mentioned.

    Shrinate identified that the report insists that enormous PSBs are higher at precedence sector lending together with infra lending. Also, it states that state-owned banks have performed an important function in counter cyclical measures that personal banks don’t implement, she mentioned.

    Shrinate mentioned the RBI Bulletin clearly states that on measures of economic inclusion like whole branches, agricultural advances and precedence sector lending advances, public banks show to be extra environment friendly than personal ones.

    The daring determination taken by former prime minister Indira Gandhi to nationalise banks broke the monopoly of some cash lenders and ensured customers, farmers, center class and the poor had entry to cash as an alternative of only a choose few very wealthy industrial homes.

    “I have said it before and I will say it again — public sector banks are not just financial institutions, they are actually agents of social empowerment,” she mentioned.

    Underlining three calls for of the Congress, Shrinate mentioned the Modi authorities should lay out a full white paper on the privatisation of PSBs.

    “The Modi government must also stop pressuring institutions like the RBI to tow the government line. One has to look no further than demonetisation to assess what forcing the RBI resulted in,” she mentioned.

    The Modi authorities should pause, assess and make a public declaration on what it goals to realize via “reckless privatisation”, Shrinate mentioned.

    The analysis paper revealed within the August difficulty of RBI Bulletin mentioned “the gradual approach to privatisation adopted by the government can ensure that a void is not created in fulfilling the social objective of financial inclusion”.

    “A big bang approach of privatisation of these banks may do more harm than good. The government has already announced its intention to privatise two banks. Such a gradual approach would ensure that large-scale privatisation does not create a void in fulfilling important social objectives of financial inclusion and monetary transmission,” it mentioned.

    NEW DELHI: The Congress on Saturday accused the Centre of getting pressured the RBI to “disown” its analysis report which argued towards a “big bang approach” to privatisation of banks, and demanded that the federal government come out with a white paper on public sector banks’ privatisation.

    Party chief Rahul Gandhi mentioned “tanashah’s (dictator’s) wish is the government’s command” and even impartial establishments just like the RBI, which have been the anchors of India’s financial development, have been pressured to bend earlier than the “supreme leader” and the agenda of his “mitron friends” on occasion.

    “A well-researched article published by the RBI advocated against hurried privatisation of public sector banks and praised their efficiency. It disturbed the ‘tanashah’ very much,” he mentioned.

    “The government sprung into action to restore its supreme leader’s peace of mind. The next day, the RBI issued a clarification that it was not against privatisation of banks,” Gandhi mentioned.

    Public sector banks have acted as shields throughout crises for India, they’ve been the harbingers of development and devices of economic inclusion, he mentioned.

    “Their reckless privatisation will have catastrophic consequences, and so will the diminishing independence of India’s institutions,” Gandhi mentioned.

    The Opposition social gathering hit out on the BJP over the privatisation of public sector banks (PSBs), calling it “Beche Jao Party”, and alleged that the central authorities had modified the Reserve Bank of India (RBI) to “Reverse Bank of India” by forcing it to make a “U-turn” over its personal report.

    The RBI on Friday mentioned a analysis paper favouring gradual privatisation of public sector banks (PSBs) shouldn’t be its view however that of the authors of the report.

    Addressing reporters on the AICC headquarters right here, Congress spokesperson Supriya Shrinate mentioned the press convention was scheduled to debate a vital research by the RBI analysis unit revealed within the August RBI Bulletin that raised issues over the reckless privation of PSBs however as an alternative the social gathering has to first deal with how an establishment just like the RBI has been pressured by the federal government to difficulty a clarification.

    The RBI has “disowned” the analysis paper, emphatically stating that it’s not the central financial institution’s view however that of the writer, she mentioned.

    “Clearly, this isn’t the first time the RBI has been forced to accept the government’s will — remember the disastrous demonetisation,” Shrinate mentioned.

    It’s a pity that the identical RBI which as soon as hailed nationalisation of 14 banks as the only most necessary financial determination taken by any authorities since 1947, is immediately pressured to disown its researchers’ report praising PSBs and their effectivity, the Congress chief mentioned.

    The variety of PSU banks in India has been diminished from 27 to merely 12 now, and the federal government plans to privatise extra, Shrinate alleged.

    The research by the RBI’s analysis unit clearly pink flags the results of financial institution privatisation because it highlights how the cornerstone of presidency insurance policies needs to be public good. So, the usual of effectivity for PSBs cannot be earnings alone, she mentioned.

    Shrinate identified that the report insists that enormous PSBs are higher at precedence sector lending together with infra lending. Also, it states that state-owned banks have performed an important function in counter cyclical measures that personal banks don’t implement, she mentioned.

    Shrinate mentioned the RBI Bulletin clearly states that on measures of economic inclusion like whole branches, agricultural advances and precedence sector lending advances, public banks show to be extra environment friendly than personal ones.

    The daring determination taken by former prime minister Indira Gandhi to nationalise banks broke the monopoly of some cash lenders and ensured customers, farmers, center class and the poor had entry to cash as an alternative of only a choose few very wealthy industrial homes.

    “I have said it before and I will say it again — public sector banks are not just financial institutions, they are actually agents of social empowerment,” she mentioned.

    Underlining three calls for of the Congress, Shrinate mentioned the Modi authorities should lay out a full white paper on the privatisation of PSBs.

    “The Modi government must also stop pressuring institutions like the RBI to tow the government line. One has to look no further than demonetisation to assess what forcing the RBI resulted in,” she mentioned.

    The Modi authorities should pause, assess and make a public declaration on what it goals to realize via “reckless privatisation”, Shrinate mentioned.

    The analysis paper revealed within the August difficulty of RBI Bulletin mentioned “the gradual approach to privatisation adopted by the government can ensure that a void is not created in fulfilling the social objective of financial inclusion”.

    “A big bang approach of privatisation of these banks may do more harm than good. The government has already announced its intention to privatise two banks. Such a gradual approach would ensure that large-scale privatisation does not create a void in fulfilling important social objectives of financial inclusion and monetary transmission,” it mentioned.

  • ‘Modi is poisonous, dangerous for the rupee’: Congress

    By PTI

    NEW DELHI: With the rupee virtually touching the Rs 80-mark towards the US greenback, the Congress on Friday launched a fierce assault on the federal government alleging that it’s directionless and silent on the free fall of the foreign money as it is going to have an effect on each Indian.

    The get together additionally focused Prime Minister Narendra Modi saying he’s “harmful for the rupee” and recalled his personal phrases as Gujarat chief minister, when he attacked the UPA authorities saying “the prestige of the PM is attached to the falling rupee and the lower it falls, the more credibility and dignity of the prime minister is eroded”.

    Congress spokesperson Supriya Shrinate questioned what the prime minister would say on his personal statements now when the Indian foreign money is falling to new lows.

    “The government, as always, seems directionless. Modi is toxic and harmful for the rupee. What is the government doing to address high inflation and it is a vicious cycle,” she alleged at a press convention.

    “Before 2014 Mr Modi falsely claimed that a ‘strong PM’ is necessary for the strengthening of the rupee has proven to be most toxic and harmful for the currency. This so-called strong PM made the rupee weakest in history. Rupee has depreciated more than 7 per cent in the last six months. But for how long will the prime minister keep hiding behind the war of corona, Russia and Ukraine,” she requested.

    Noting that the worth of the rupee was solely Rs 58 towards a US greenback in 2014, she stated within the final eight years it first breached the age of retirement after which went to the “Marg Darshak Mandal” and has now crossed Rs 80 – a fall of Rs 22 towards a greenback in eight years.

    ALSO READ | Rupee at life-time low to hit imports, abroad schooling, journey

    “Mr Modi think about your eroding dignity and credibility – your words not ours,” she stated.

    Quoting Modi she stated whereas attacking the UPA authorities, he had acknowledged that “The currency of a country falls where the govt is immoral and corrupt.”

    “I sometimes wonder there is a race between the central govt and the falling rupee. Who will stoop lower? The prestige of the PM is attached to the falling rupee. The lower it falls, the more credibility and dignity of the prime minister is eroded,” Shrinate stated quoting Modi.

    “These are not our words. These are the colossal Jumlas of candidate Modi pre-2014. I wonder what he has to say on his own statements today,” the Congress chief requested.

    Congress basic secretary Priyanka Gandhi Vadra additionally hit out on the authorities, saying whereas the rupee is falling and unemployment rising it’s popping out with checklist of phrases by way of which it may be questioned.

    “The rupee is falling against the dollar. Employment is declining. The income of people of the country is decreasing. But, the list of words/programs/methods is increasing in the Prime Minister’s Office, through which you can question or protest against all this,” Vadra stated in a tweet in Hindi.

    Shrinate stated, “PM Modi and his ‘army of sycophants’ who used to talk big on the rupee, are now conspicuously silent as the rupee breaches the 80 to a US dollar mark. But this pin drop silence will not be accepted.”

    She stated the most important motive for this “free fall of the rupee is the failed economy and unbridled inflation”.

    The Congress chief stated “thanks to Modi ji’s economic mismanagement and failure to control the ruined Indian economy”, the Indian Rupee has crossed Rs 80 towards the US greenback mark.

    This is identical rupee that Modi himself used to say to be related to the Prime Minister’s status, she stated, including that the suspicion aroused by the “free fall” of the rupee is whether or not PM Modi is making ready to hit a century with our foreign money too identical to he has carried out with petrol.

    Claiming that Congress had strengthened the Rupee in 2013 when it was in energy, she stated the autumn within the worth of the foreign money will result in improve in backbreaking inflation and costs of important commodities like petrol, diesel, cooking gasoline will improve additional.

    Due to the price of oil, the price of motion – practice, bus fare will improve, he claimed, including that its direct impact will even be seen in your plate as effectively because the costs of cooking oil will improve.

    TV, fridge, cell phones will even be costlier as a result of falling rupee, she stated.

    “May be the FM will now claim she doesn’t use the rupee either,” she requested.

    Shrinate claimed that from January until at present, the RBI has tried to strengthen the rupee by spending about USD 40 billion and requested why has it failed “Because investors do not have even the slightest faith in the policies of the government,” she stated.

    Shrinate stated the primary and speedy step that needs to be taken by the federal government is to just accept that the rupee is in a free fall and to get up and odor the espresso.

    It is a huge-huge breach of the rupee. It is making life robust for the youngsters who research abroad. It is making life robust for our home viewers, our home Industries. It goes to make life robust for each Indian as a result of it’ll increase costs additional. So first admit that the rupee is in a free fall. Look for the explanations, why that is taking place,” she stated.

    Alleging that prima facie, excessive inflation and a “ruined economy” is likely one of the causes, she requested “what is the government doing to address high inflation and it is a vicious cycle. The cost of the rupee, the higher the inflation rate, feeds into the rupee, breaching and stooping even lower.”

    NEW DELHI: With the rupee virtually touching the Rs 80-mark towards the US greenback, the Congress on Friday launched a fierce assault on the federal government alleging that it’s directionless and silent on the free fall of the foreign money as it is going to have an effect on each Indian.

    The get together additionally focused Prime Minister Narendra Modi saying he’s “harmful for the rupee” and recalled his personal phrases as Gujarat chief minister, when he attacked the UPA authorities saying “the prestige of the PM is attached to the falling rupee and the lower it falls, the more credibility and dignity of the prime minister is eroded”.

    Congress spokesperson Supriya Shrinate questioned what the prime minister would say on his personal statements now when the Indian foreign money is falling to new lows.

    “The government, as always, seems directionless. Modi is toxic and harmful for the rupee. What is the government doing to address high inflation and it is a vicious cycle,” she alleged at a press convention.

    “Before 2014 Mr Modi falsely claimed that a ‘strong PM’ is necessary for the strengthening of the rupee has proven to be most toxic and harmful for the currency. This so-called strong PM made the rupee weakest in history. Rupee has depreciated more than 7 per cent in the last six months. But for how long will the prime minister keep hiding behind the war of corona, Russia and Ukraine,” she requested.

    Noting that the worth of the rupee was solely Rs 58 towards a US greenback in 2014, she stated within the final eight years it first breached the age of retirement after which went to the “Marg Darshak Mandal” and has now crossed Rs 80 – a fall of Rs 22 towards a greenback in eight years.

    ALSO READ | Rupee at life-time low to hit imports, abroad schooling, journey

    “Mr Modi think about your eroding dignity and credibility – your words not ours,” she stated.

    Quoting Modi she stated whereas attacking the UPA authorities, he had acknowledged that “The currency of a country falls where the govt is immoral and corrupt.”

    “I sometimes wonder there is a race between the central govt and the falling rupee. Who will stoop lower? The prestige of the PM is attached to the falling rupee. The lower it falls, the more credibility and dignity of the prime minister is eroded,” Shrinate stated quoting Modi.

    “These are not our words. These are the colossal Jumlas of candidate Modi pre-2014. I wonder what he has to say on his own statements today,” the Congress chief requested.

    Congress basic secretary Priyanka Gandhi Vadra additionally hit out on the authorities, saying whereas the rupee is falling and unemployment rising it’s popping out with checklist of phrases by way of which it may be questioned.

    “The rupee is falling against the dollar. Employment is declining. The income of people of the country is decreasing. But, the list of words/programs/methods is increasing in the Prime Minister’s Office, through which you can question or protest against all this,” Vadra stated in a tweet in Hindi.

    Shrinate stated, “PM Modi and his ‘army of sycophants’ who used to talk big on the rupee, are now conspicuously silent as the rupee breaches the 80 to a US dollar mark. But this pin drop silence will not be accepted.”

    She stated the most important motive for this “free fall of the rupee is the failed economy and unbridled inflation”.

    The Congress chief stated “thanks to Modi ji’s economic mismanagement and failure to control the ruined Indian economy”, the Indian Rupee has crossed Rs 80 towards the US greenback mark.

    This is identical rupee that Modi himself used to say to be related to the Prime Minister’s status, she stated, including that the suspicion aroused by the “free fall” of the rupee is whether or not PM Modi is making ready to hit a century with our foreign money too identical to he has carried out with petrol.

    Claiming that Congress had strengthened the Rupee in 2013 when it was in energy, she stated the autumn within the worth of the foreign money will result in improve in backbreaking inflation and costs of important commodities like petrol, diesel, cooking gasoline will improve additional.

    Due to the price of oil, the price of motion – practice, bus fare will improve, he claimed, including that its direct impact will even be seen in your plate as effectively because the costs of cooking oil will improve.

    TV, fridge, cell phones will even be costlier as a result of falling rupee, she stated.

    “May be the FM will now claim she doesn’t use the rupee either,” she requested.

    Shrinate claimed that from January until at present, the RBI has tried to strengthen the rupee by spending about USD 40 billion and requested why has it failed “Because investors do not have even the slightest faith in the policies of the government,” she stated.

    Shrinate stated the primary and speedy step that needs to be taken by the federal government is to just accept that the rupee is in a free fall and to get up and odor the espresso.

    It is a huge-huge breach of the rupee. It is making life robust for the youngsters who research abroad. It is making life robust for our home viewers, our home Industries. It goes to make life robust for each Indian as a result of it’ll increase costs additional. So first admit that the rupee is in a free fall. Look for the explanations, why that is taking place,” she stated.

    Alleging that prima facie, excessive inflation and a “ruined economy” is likely one of the causes, she requested “what is the government doing to address high inflation and it is a vicious cycle. The cost of the rupee, the higher the inflation rate, feeds into the rupee, breaching and stooping even lower.”

  • Congress appoints Supriya Shrinate as new social media division chief

    By PTI

    NEW DELHI: The Congress on Monday appointed Supriya Shrinate as chairperson of the social media and digital platforms in its communications division. She replaces Rohan Gupta, who has been appointed because the celebration spokesperson with fast impact.

    “Congress president has approved the appointment of Supriya Shrinate as chairperson, Social media and digital platforms in the new Communications department with immediate effect,” an official assertion from the celebration stated.

    “The party appreciates the contribution of Rohan Gupta, the outgoing chairman, social media department. Rohan Gupta has been appointed as AICC spokesperson with immediate effect,” the assertion additionally stated. The celebration has rechristened its communications division by appointing Jairam Ramesh as its common secretary in-charge.

    The celebration has additionally appointed Pawan Khera as chairman of the media and publicity within the communications division. The Congress throughout the Udaipur ‘Chintan Shivir’ had determined to strengthen its communications wing to assist enhance its join with individuals.

    The communications division may have the social media and digital platforms beneath its ambit, in addition to communication wings of the celebration throughout all states to make sure higher coordination.